Most Popular
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Yoon's approval rating plunges to all-time low
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Bae Doo-na shares portraying Korean identity in Hollywood's 'Rebel Moon'
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S. Korea votes in favor of Palestinian bid for UN membership
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[From the Scene] Monks, Buddhists hail return of remains of Buddhas
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Medical schools granted enrollment quota flexibility for next year
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Yoon offers first one-on-one meeting with opposition leader next week
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France rejects opening Paris flight routes to T'way Air, deals blow to Korean Air merger
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Chinese man behind drug scam targeting teens nabbed in Cambodia
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Iran fires air defense batteries in provinces as sound of explosions heard near Isfahan
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[Graphic News] French bulldog most popular breed in US, Maltese most popular in Korea
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[Tulsathit Taptim] Yingluck’s journey as Thai prime minister has begun
So, Episode III here we come.It has officially begun, with Yingluck Shinawatra vowing to bring back political peace and never to work for any particular person or group. If that sounds very familiar to you, it’s because Abhisit Vejjajiva made exactly the same pledges in late 2008. Out he has limped
Aug. 12, 2011
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[David Ignatius] Democracy challenged again
WASHINGTON ― Free markets, in theory, are supposed to be self-correcting. When they’re knocked off balance, changes in prices should gradually bring the system back to equilibrium. The same process of regeneration is supposed to operate with democratic political systems, too. What we have been
Aug. 11, 2011
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[Bob Ray Sanders] Where have all the leaders gone? Not to D.C.
My first visit to the U.S. Capitol was in 1971. From the moment I set foot in the place, I was captivated by its majesty.Although impressed with the building’s sheer beauty and grandeur, I was awed when I looked down to the floor of the Upper House from the Senate gallery and saw Sen. Edward Kennedy
Aug. 11, 2011
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[Park Sang-seek] Is multiculturalism a threat to the nation and the world?
Norwegian mass murderer Anders Behring Breivik claimed in his online manifesto 2083 that multiculturalism is the core ideology of the left extremists he calls cultural Marxists. According to him, cultural Marxists include orthodox Marxists, suicidal liberals and capitalist globalists. He does not de
Aug. 11, 2011
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[Ron Klain] Obama shows high-stake gambling streak
Among the many misconceptions about Barack Obama is that he is cautious. In fact, it is hard to think of a modern president in recent times who has been more willing to take big risks, not because he is reckless, but because he is willing to suffer potential short-term setbacks to achieve a desired
Aug. 11, 2011
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[Aristides N. Hatzis] Lessons from Greece
For the past 18 months Greece has been the epicenter of the European sovereign debt crisis. Its enormous national debt (127 percent of GDP before the first bailout in May 2010, reaching 160 percent by the end of 2011) and its ever-expanding deficit (14 percent before the austerity measures) were so
Aug. 11, 2011
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[Simon Tilford] Eurobonds: Lifeboat for eurozone
LONDON ― The eurozone’s institutional weaknesses have been laid bare. The attempt to run a common monetary policy without a common treasury has failed. Investors do not know what they are buying when they purchase an Italian bond ― is it backstopped by Germany or not?We now know that the best credit
Aug. 10, 2011
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[Doyle McManus] Job creation is Obama’s biggest challenge
The central question facing Barack Obama’s 2012 reelection campaign is this: Can the president persuade voters to let him keep his job when so many of them have lost theirs?Last week, after another run of bad economic news, the president and his staff tried their best to sound upbeat. In public, the
Aug. 10, 2011
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[Virginia Postrel] Obama glamour can’t fix charisma deficit
One thing is clear in the aftermath of the debt-limit debate: U.S. President Barack Obama has lost his glamour. The alluring icon of hope and change has become just another pol, derided by his supporters as well as his opponents. As one headline succinctly put it: “Obama succumbs to the ways of Wash
Aug. 10, 2011
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[Editorial] Falling bank stocks offer a too-big-to-fail wakeup call
Bank of America and Citigroup stood out for all the wrong reasons in Monday’s market meltdown. Shares of the two banks led the decline amid new doubts about the quality of the assets buried on their balance sheets. Investors now believe that Bank of America’s net worth is only about a third of what
Aug. 10, 2011
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[Brahma Chellaney] Ethnic minority lands emerge as China’s Achilles heel
NEW DELHI ― In the face of spreading civil unrest among China’s Uighur population, the Chinese government’s love-fest with its all-weather ally, Pakistan, may be starting to sour. Indeed, the authorities in China’s Xinjiang province are charging that a prominent Uighur separatist that they captured
Aug. 10, 2011
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[Lee Jae-min] The Arctic Ocean in the heat
Icebergs, cold water and the Arctic Ocean: What else could be a better topic to cool off during the sizzling weather of August? Global warming has brought yet another issue to the table: navigation through the Arctic. As the icebergs melt and frozen swaths give way, new shipping routes emerge throug
Aug. 9, 2011
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[Peter Orszag] Four ways Congress can upgrade credit rating
Now that Standard & Poor’s has downgraded the U.S.’s “AAA” credit rating, it is important to respond boldly and, at the same time, lower expectations. The first step is for our political leaders to frankly acknowledge the problems at hand: The U.S. economy will face a hard slog for an extended perio
Aug. 9, 2011
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[Kim Seong-kon] Military absurdity for dual citizens
A poet once wrote, “All Korean men were once soldiers.” Not quite so. When I joined the ROK Army in 1971, nearly half of the young Korean men my age managed to be exempted from mandatory military duty according to statistics released in later years. Those whose parents had money and power must have
Aug. 9, 2011
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[Noah Feldman] Debt-deal disaster shows genius of democracy
Imagine you are a senior official of the Chinese Communist Party trying to figure out whether democracy is a good idea. The brinkmanship over raising the debt ceiling is a prime example for the argument that democracy is irrational, right? So say the commentators, one and all. Just think of the reli
Aug. 9, 2011
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[Editorial] S&P downgrade should make U.S. deal easier
Sunday was splendid for beach-goers and bikers. But it also brought nasty tail winds from the first credit downgrade in United States history:― For the half of U.S. households that own stocks, the news from Tel Aviv ― where Sunday is a trading day ― suggested a turbulent Monday as world markets dige
Aug. 9, 2011
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[Editorial] Leaders, central banks should stop the stampede
Financial markets can create their own dangerous dynamic, as Warren Buffett pointed out after Standard & Poor’s downgraded U.S. debt securities on Aug. 5. Buffett was on the mark. The downgrade triggered panic selling around the globe on Monday, leading to demands for more collateral from investors,
Aug. 9, 2011
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[Joseph E. Stiglitz] A contagion of bad economic ideas
NEW YORK ― The Great Recession of 2008 has morphed into the North Atlantic Recession: it is mainly Europe and the United States, not the major emerging markets, that have become mired in slow growth and high unemployment. And it is Europe and America that are marching, alone and together, to the den
Aug. 8, 2011
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[Dominique Moisi] What failed in Norway?
PARIS ― Japan in March 2011 and Norway in July 2011: any comparison between the madness of nature and the pure madness of man in Norway may sound artificial. Yet, confronted with their respective tragedies, Japan and Norway displayed a very similar combination of qualities and flaws.In both countrie
Aug. 8, 2011
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[Sung-yoon Lee] N.K.’s carrot-and-stick strategy
July is typically the time of year when North Korea makes peace overtures toward the United States. This is when it tries to rekindle expectations, reset deadlines and heal the previous year’s wounds. Last week, Pyongyang’s chief nuclear negotiator arrived in New York for talks with Stephen Bosworth
Aug. 8, 2011